Answer: Self serving bias
Explanation: In simple words, it refers to the attribute of an individual to take the credit of every positive event themselves, whereas in case of negative events such individuals tends to blame external factors.
In the given case, Mark attributes his success as the outcome of his personality and blames his team or other such factors in case of negative results.
Hence from the above we can conclude that the given case illustrate self serving bias.
Objectives are like goals that you want to accomplish, strategies are the methods to get there
Answer:
C. bad payment history
Explanation:
Creditworthiness is the term banks, and other lenders use to determine the risk associated with each customer. Credit score ratings place customers into different risk categories. A low credit score signifies a high-risk customer or low creditworthiness. Banks will extend credit facilities to a high-risk customer at a high-interest rate.
A customer with a poor loan repayment history has a low credit score. Tracy is being offered the loan at a high-interest rate due to her low creditworthiness. Her case would be different if she had a better credit score associated with a good loan repayment history.
Answer:
The nation is moving toward a market-based system
Explanation:
Capital
This is simply tools, equipment, machinery, and buildings used to produce goods and services.
Economic System
This is simply refered to as the way or method used by a society to allocates its resources (land, labor, capital and entrepreneurship) to satisfy its needs.
Command economy
This is known as an economic system that depends on the central government to make all of the decisions in terms of supply and demand rather than allowing the market to freely identify consumers' demands and industry's ability to supply
Answer:
HR Function refers to areas such as recruitment, selection, recruitment and retention, performance evaluation, promotional preparing, and reimbursement managerial staff.
Explanation:
- Throughout traditional HRM every one of these operations has been associated with capacity building and therefore are constrained even within the HR manager. Those other operations are not focused on an organization’s strategy.
- Traditional HRM is therefore not focused on effective organizational culture, while strategy Implementation focuses on its philosophy.
